1825 W Balboa Blvd Newport Beach, CA 92663
Central Newport Beach NeighborhoodEstimated payment $17,395/month
Highlights
- Ocean View
- Main Floor Bedroom
- Granite Countertops
- Newport Elementary School Rated A
- Furnished
- No HOA
About This Home
Legal non-conforming triplex with active short-term rental permits—just steps from the surf and sand. This rare investment opportunity features a 2-bedroom/1-bath and two 1-bedroom/1-bath units, each with its own washer and dryer. All residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, and are move-in ready whether used as rentals or personal retreat. Parking includes a one-car garage plus two additional spaces. With no streets to cross to reach the beach and the pier, park, and bay only a block away, the location offers unbeatable convenience and lifestyle appeal. Please note: City records has the square footage as 1,544 sqft, an appraisal has the square footage as 2,059 sqft, and county tax records has the square footage as 1,366.
Listing Agent
Corona Del Mar Properties Inc Brokerage Phone: 949-836-0705 License #01965058 Listed on: 10/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,620
Year Built
- Built in 1928
Lot Details
- 2,614 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Wrought Iron Fence
- Rectangular Lot
- Level Lot
Parking
- 1 Car Direct Access Garage
- 2 Open Parking Spaces
- Parking Available
Property Views
- Ocean
- Peek-A-Boo
- Neighborhood
Home Design
- Triplex
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,542 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- Skylights
- Living Room
- Storage
- Laminate Flooring
Kitchen
- Gas and Electric Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Shed
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Tankless Water Heater
Listing and Financial Details
- Legal Lot and Block 18 / 18
- Tax Tract Number 515
- Assessor Parcel Number 04717303
- $542 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
- Balboa Peninsula Subdivision
Recreation
- Park
- Water Sports
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,620 | $1,752,483 | $1,712,742 | $39,741 |
| 2024 | $18,620 | $1,718,121 | $1,679,159 | $38,962 |
| 2023 | $19,030 | $1,684,433 | $1,646,234 | $38,199 |
| 2022 | $18,922 | $1,651,405 | $1,613,955 | $37,450 |
| 2021 | $18,850 | $1,619,025 | $1,582,309 | $36,716 |
| 2020 | $18,581 | $1,602,424 | $1,566,084 | $36,340 |
| 2019 | $18,344 | $1,571,004 | $1,535,376 | $35,628 |
| 2018 | $18,079 | $1,540,200 | $1,505,270 | $34,930 |
| 2017 | $6,289 | $420,553 | $380,062 | $40,491 |
| 2016 | $6,199 | $412,307 | $372,609 | $39,698 |
| 2015 | $6,159 | $406,114 | $367,012 | $39,102 |
| 2014 | $6,035 | $398,159 | $359,822 | $38,337 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $3,000,000 | 0.0% | $1,946 / Sq Ft | |
| 11/06/2025 11/06/25 | Pending | -- | -- | -- | |
| 10/27/2025 10/27/25 | For Sale | $3,000,000 | +98.7% | $1,946 / Sq Ft | |
| 05/11/2017 05/11/17 | Sold | $1,510,000 | -5.3% | $1,466 / Sq Ft | View Prior Sale |
| 04/05/2017 04/05/17 | Pending | -- | -- | -- | |
| 02/09/2017 02/09/17 | For Sale | $1,595,000 | -- | $1,549 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,510,000 | Orange Coast Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,260,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25248167
APN: 047-173-03
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